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20121027
20121104
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effect next year. $55 billion in defense alone. a study funded by the aerospace industry association finds more than 2 million jobs will be lost by the end of next year, more than a million in defense and nearly as many nondefense-related jobs. only 16% of these are federal workers. the majority of the pink slips will be in the private sector. now voters in key battleground states are going to feel most of this, ali. in florida where you are, that same study found about 80,000 total jobs lost. in virginia where you're headed next week, more than 207,000 jobs lost. of course it's home to numerous defense contractors and military bases, including the pentagon. then take a look at california and texas. not swing states but both, both of those states would be hit hard if the sequester happens. but ali, spending cuts are just part of the fiscal cliff. there are also monster tax increases that will take effect and as the bush tax cuts expire, the amt tax expires, i could go on and on, payroll tax holiday, nonpartisan tax policy center say american households face on average 3500 in higher
Search Results 0 to 1 of about 2 (some duplicates have been removed)